According to BlockBeats, on January 13th, 0xSakura (@0xsakura666), the founder of the Life K-Line project, posted that "The Life K-Line project has successfully launched, but the tokens are indeed unrelated to the product, and I did not issue them. Donations received are used to pay for servers, API, and the salaries of the operations team. Regarding the official foundation, the plan is to burn 50% of the donations received and donate the remaining 50% to Giggles. As for the BNB transaction tax from the previous tokens, very little has been used; it can all be donated to the foundation and Giggles."
Regarding the tokens accepted for donations, I actually planned to announce it after the product launch. Secondly, I also considered that donating certain tokens to Giggle (which might be manipulated by highly controlled, worthless tokens to continuously generate "merit") might not be appropriate. Only converting them to BNB would have real benefits, and dumping them would be bad for the community. Therefore, I'm still considering either accepting only BNB or only accepting BSC tokens listed on Alpha/Aster, which is why I didn't announce it tonight.
Regarding NFTs, donating to them offers the opportunity to obtain a permanent access to all premium versions of the Life K-Line app. It symbolizes the goodwill of the donation, a testament to merit, and is similar to a donation certificate; it cannot be resold.
According to GMGN market data, the market capitalization of the BSC ecosystem's Chinese Meme coin "Life K Line" is currently $8.66 million, down 56.5% in the last 24 hours, with a trading volume of $25.85 million in the last 24 hours.
